Common use of Rounding-Off Clause in Contracts

Rounding-Off. The Administrative Agent may set up appropriate rounding-off mechanisms or otherwise round-off amounts hereunder to the nearest higher or lower amount in whole Dollars, whole Alternative Currency or whole other currency (as applicable) or smaller denomination thereof to ensure amounts owing by any party hereunder or that otherwise need to be calculated or converted hereunder are expressed in whole Dollars, whole Alternative Currency or whole other currency (as applicable) or in whole smaller denomination thereof, as may be necessary or appropriate.

Appears in 1 contract

Samples: Credit Facility Agreement (Lennox International Inc)

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Rounding-Off. The Administrative Agent may set up appropriate rounding-off mechanisms or otherwise round-off amounts hereunder to the nearest higher or lower amount in whole Dollars, whole Alternative Currency or whole other currency (as applicable) Pounds Sterling, Euros, Australian Dollars or smaller denomination thereof to ensure amounts owing by any party hereunder or that otherwise need to be calculated or converted hereunder are expressed in whole Dollars, whole Alternative Currency or Pounds Sterling, whole other currency (as applicable) Euros, whole Australian Dollars or in whole smaller denomination thereof, as may be necessary or appropriate.

Appears in 1 contract

Samples: Credit Agreement (Acxiom Corp)

Rounding-Off. The Administrative Agent may set up appropriate rounding-off mechanisms or otherwise round-off amounts hereunder to the nearest higher or lower amount in whole Dollars, whole Alternative Currency or Pounds Sterling, euro, Mexican Peso, whole other currency (as applicable) or smaller denomination thereof to ensure amounts owing by any party hereunder or that otherwise need to be calculated or converted hereunder are expressed in whole Dollars, whole Alternative Currency or Pounds Sterling, euro, Mexican Peso, whole other currency (as applicable) or in whole smaller denomination thereof, as may be necessary or appropriate.

Appears in 1 contract

Samples: Credit Agreement (Trinity Industries Inc)

Rounding-Off. The Administrative Agent may set up appropriate rounding-off mechanisms or otherwise round-off amounts hereunder to the nearest higher or lower amount in whole Dollars, whole Alternative Currency or English Pounds Sterling, Euro, Mexican Peso, whole other currency (as applicable) or smaller denomination thereof to ensure amounts owing by any party hereunder or that otherwise need to be calculated or converted hereunder are expressed in whole Dollars, whole Alternative Currency or English Pounds Sterling, Euro, Mexican Peso, whole other currency (as applicable) or in whole smaller denomination thereof, as may be necessary or appropriate.

Appears in 1 contract

Samples: Credit Agreement (Trinity Industries Inc)

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Rounding-Off. The Administrative Agent may set up appropriate rounding-off mechanisms or otherwise round-off amounts hereunder to the nearest higher or lower amount in whole Dollars, whole Alternative Currency or Sterling, Euro, whole other currency (as applicable) or smaller denomination thereof to ensure amounts owing by any party hereunder or that otherwise need to be calculated or converted hereunder are expressed in whole Dollars, whole Alternative Currency or Sterling, whole Euro, whole other currency (as applicable) or in whole smaller denomination thereof, as may be necessary or appropriate.. CREDIT AGREEMENT, Page 23

Appears in 1 contract

Samples: Credit Agreement (IHS Inc.)

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